Humble, TX Retail Property For Sale

• +/- 1,518 SF convenience store/gas station for sale

• Sale price: $960,000.00

• Store has no Jobber contract at this time but Owner is near signing a contract to get pumps replaced and new signs.

• Business and Real Estate for sale

• Opportunities for Improvement or other business activity (possible to add a gaming machine – only 1 allowed per city)

• Excellent visibility with over 16,000 vehicles per day on First Street

• Current 2017 Harris County appraised value of $392,380.00, real estate only; does not include business valuation

• Seller does not want Buyers talking with store employees or others about store being for sale; a Non-Disclosure Agreement is required to get details and make an offer

• Full Demographic Package Available

• Great C-Store and Office Opportunity for the right buyer

• +/- 13,000 SF of office/retail space and 3,000 SF of C-Store with 4 MPDs with EMV system, built 2009

• Jobber contract expires in 2020

• 5,500 SF of retail is recently leased (15 year) at $1.37 PSF for first three years then increasing to $2.25 PSF; Medical office tenant

• 14% Cap rate possible for buyer who fills the retail space with tenants at current market rental rates

• C-Store Sales - $50K/month Inside and 25K gallons/month fuel sales

• Deli could be re-opened

• Store has gaming machines but sales not available

• Lease on 5,565 SF of office space is at $93,111/year (gross lease) for first 5 years with tenant option to renew at $150,255/year ($2.25 PSF Gross Lease)

• If new owner can lease out space at current market rate of $20 PSF + NNN,

should get about $300,000 in net rent/year after tenant renewal

• Excellent corner location with about 91,360 vehicles per day on Beltway 8 and about 13,100 vehicles per day on Old Humble Road

• Current 2017 Harris County appraised value of $1,376,296.00, real estate only; does not include business valuation

• Non-Disclosure Agreement required to get full details. Do not talk with the store employees about store being for sale

Owner financing available with $100K or more, property is currently lease to a taco truck and party event hall. Property use to be a bar before. Property is located on two lots. Available on 10/01/2018

* Former Restaurant (40+years)

* City of Humble Utilities

* Bush IAH Airport-5 miles

* Easy access to I-69 (Highway 59)

Portfolio sale of three mechanic shop

Sale at 8% cap rate

Income producing

Do not disturb Tenants

Drive By only

For showing contact Sepi

Lease are all long term with stable tenants and NNN with very good history of RR

With Billboard on Property that generate income

Free Standing Building

Tall signage attracting High traffic passing Cars

Renovated 2018

Sitting on a very Busy street

* Property offers 5,456 SF Retail-Multi-Occupancy space and 2,604 SF Warehouse-Shop area

* NWC E. Main St & N. Houston Ave

* Income Producing

* Ideal for Retail-Office-Warehouse

* Heart of Historic Downtown Humble

* Easy Access I-69 (Hwy 59) FM 1960, Sam Houston Pkwy

* IAH Bush Airport 10 Min

Alpha Realtors have been offering for sale 209 1st Street E. Humble, Texas 77338, the free-standing restaurant building. The shopping center is ideally positioned in the prime location of Humble City, with quick access to Interstate 69 Highway. The building is approximately 3,456 square feet built on approximately 16,596 square feet lot in 1971 and remodeled in 1997 and 2008, and approximately 127’ of frontage on FM 1960 Business with 2 curb cuts and 20 spaces parking lot for easy enter and exit.

The property is a fully operational restaurant with all kitchen equipment and fixture and not included with the sale price. It has a five years lease and an option term. Additionally, this is a phenomenal business well established for 11 years, and a popular Pho restaurant long time owner is retiring. The restaurant offers a wide ran of authentic Vietnamese food selection for relaxing dining experience or take out meals.

Selling Property without business.

Call Alpha Realtors 281-933-6999 & email jane.nguyen@alpharealtors.net

* Central Business District Humble, TX

* Excellent SWC of E. Main Street & S. Avenue A

* Ideal for Restaurant

* Former Entertainment Venue-Platform Stage (In Place)

* Downtown Humble With Extra Parking

* Easy Access I-69 (Hwy 59) FM 1960, BW 8 & Will Clayton Pkwy

* IAH Bush Airport 10 Min